New Issue: RBC prices $742,700 capped gears due 2017 linked to iShares MSCI EAFE

By Susanna Moon

Chicago, Nov. 1 – Royal Bank of Canada priced $742,700 of 0% capped gears due Dec. 29, 2017 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any fund gain, up to a maximum return of 16.5%.

Investors will be exposed to any losses.

UBS Financial Services Inc. and RBC Capital Markets, LLC are the agents.

Issuer:	Royal Bank of Canada
Issue:	Capped gears
Underlying fund:	iShares MSCI EAFE exchange-traded fund
Amount:	$742,700
Maturity:	Dec. 29, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3 times any fund gain, capped at 16.5%; exposure to any losses
Initial level:	$57.88
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2%
Cusip:	78014C590

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